12 Jul WHAT DO YOU THINK ARE THE MOST COMMON REASONS FOR COST OVERRUNS?
Please organize answers to each question. (not an essay question, short answer is accepted)Discussion Question 11. Why is it important to identify and schedule resources correctly early rather than later?2. What are some of the best practices you would use if faced with situations where your resources were over allocated. ?3. What are some key steps you would take as a project manager to get the best performance possible from the resources assigned to your project?4. You also want to make sure you will have the critical resources available when you need them or identify gaps as soon as possible5. Did you consider 1st to analyze why?, priority to critical path activities, overtime, training,6. In the primary post, you listed some very good best practices and can you think of other actions you could consider in maximizing the performance of resources (ie, setting clear goals and guidelines, involving your team in decision making, a rewards system etc)Discussion Question 2Controlling cost is important to all companies and sometimes a project may experience cost over runs1. Describe 4 or 5 steps that you would take to maintain an effective cost control system2. What do you think are the most common reasons for cost overruns?3. Describe 3-5 steps you could take to address cost overruns
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